Interim Finance Modelling Manager

Thames Water; England; Hybrid; GBP 70,000 - 90,000; Full time

Job summary

A leading water and wastewater company in the UK is seeking a Financial Modelling Manager to join their dynamic Corporate Finance team. This role involves developing financial models to optimize outcomes for customers and stakeholders, requiring strong technical, critical thinking, and communication skills. Competitive salary up to £90,000 per annum with benefits including a generous annual leave policy and private health care. This is an exciting opportunity for anyone with a strong finance background and modelling experience.

Benefits

Competitive salary

Annual Leave — 26 days

Car Allowance — £5,800

Annual Bonus

Private Medical Health Care

Contributory pension

Personal Medical Assessments

Performance-related pay plan

Qualifications

• Strong finance background necessary, preferably CCAB qualified.
• Experience in the development and operation of financial models required.
• High-level proficiency in Excel for financial modelling essential.

Responsibilities

• Develop financial and regulatory models focusing on financeability.
• Support financial strategic planning cycles.
• Collaborate with internal teams on business plans.

Skills

Financial modelling

Data analysis

Excel expertise

Critical thinking

Communication skills

Relationship management

Attention to detail

Influencing skills

Education

CCAB qualified or equivalent

Job description

Financial Modelling Manager

We are seeking an experienced Financial Modelling Manager to join our dynamic Corporate Finance team on a 12‑18 month Fixed Term Contract.

This is a unique opportunity to analyse the key financial drivers of the company, understanding and optimising outcomes for customers, debt investors, shareholders, and relevant regulators. As well as giving a holistic view of the company, this role is unique in its broad scope of skills, requiring technical ability, conceptual thinking, influencing and communication skills.

• Operate and develop the financial and regulatory model with a focus on financeability, investability and customer bills
• Review of in‑year and forward looking credit metrics
• Support scenario analysis as part of financial and strategic planning cycle including the Long‑Term Viability Statement used in the Annual Report
• Work closely with various internal teams including FP&A, Integrated Business Planning and Regulation to ensure development of robust long‑term business plans
• Assist in the calculation of shadow RCV and Return on Regulated Equity (RoRE)
• Ensure the Corporate Model reflects the latest developments in financial regulatory economics and capital structure
• Populate various tables within the Annual Performance Report
• Assist in answering questions from various stakeholders (debt investors, banks and shareholders) on financial forecasts

Location — Hybrid, Clearwater Court, Reading

Hours of work — 36 Hours

What you should bring to the role?

• Flexible individual with a strong finance background, for example accountancy qualified (CCAB) or equivalent
• Experience in development and operation of financial models
• Experience of sophisticated data analysis
• Ability to think critically and commercially, with a high attention to detail, in order to assess business issues and opportunities
• Expert knowledge of Excel and utilisation of the tool for financial modelling.
• Good understanding of corporate finance principles
• Influencing skills with individuals at all levels in the business including senior management.
• Excellent communication, relationship management and presentation skills
• High level of business awareness
• Enthusiastic and pro‑active approach

What's in it for you?

This is an exciting time to join Thames Water as we continue to deliver on our turnaround plan, offering the opportunity to become part of our strategic journey.

• Competitive salary up to £90,000 per annum
• Annual Leave — 26 days holiday per year, increasing to 30 with the length of service. (Plus bank holidays)
• Car Allowance — £5,800
• Annual Bonus
• Private Medical Health Care
• Contributory pension – Defined Contribution – Maximum of 12% – 2× employee contribution
• Personal Medical Assessments – Open to all once a year
• Access to lots of benefits to help you take care of you and your family’s health and wellbeing, and your finances – from annual health MOTs and access to physiotherapy and counselling, to Cycle to Work schemes, shopping vouchers and life assurance
• Performance‑related pay plan directly linked to company performance measures and targets

Find out more about our benefits and perks

Who are we?

We’re the UK’s largest water and wastewater company, with more than 16 million customers relying on us every day to supply water for their taps and toilets. We want to build a better future for all, helping our customers, communities, people and the planet to thrive. It’s a big job and we’ve got a long way to go, so we need help from passionate and skilled people, committed to making a difference and getting us to where we want to be in the years and decades to come.

Learn more about our purpose and values

Working at Thames Water

Thames Water is a unique, rewarding, and diverse place to work, where every day you can make a difference, yet no day is the same. As part of our family, you’ll enjoy meaningful career opportunities, flexible working arrangements and excellent benefits.

If you’re looking for a sustainable and successful career where you can make a daily difference to millions of people’s lives while helping to protect the world of water for future generations, we’ll be here to support you every step of the way. Together, we can build a better future for our customers, our region, and our planet.

Real purpose, real support, real opportunities. Come and join the Thames Water family. Why choose us? Learn more.

We’re committed to being a great, diverse, and inclusive place to work. We welcome applications from everyone and want to ensure you feel supported throughout the recruitment process. If you need any adjustments, whether that’s extra time, accessible formats, or anything else just let us know, we’re here to help and support.

When a crisis happens, we all rally around to support our customers. As part of Team Thames, you’ll have the opportunity to sign up to support our customers on the front line as an ambassador. Full training will be given for what is undoubtedly an incredibly rewarding experience. It’s also a great opportunity to learn more about our business and meet colleagues.

Disclaimer: due to the high volume of applications we receive, we may close the advert earlier than the advertised date, so we encourage you to apply as soon as possible to avoid disappointment.